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Steady_T

08/05/10 3:14 PM

#7741 RE: you_asked_for_it #7740

Not much of a TA guy, but that does show progress.....or how long we were in the dumper. ;-)
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AccipiterQ

08/05/10 3:19 PM

#7742 RE: you_asked_for_it #7740

hahaahaha love it. Honestly though, remember, it doesn't matter if TA is nonsense or not (it mostly is). "Hey guys stock XYZ crossed over this average of an arbitrary number of days we picked to track it"

That doesn't matter. What matters is that enough people BELIEVE in it to make the trends a self-fulfilling prophecy. So we crossed over whatever average here today...well it might not actually mean anything. But if that's a buy signal to enough of these people, then guess what? We're gonna get some heavy buy volume.
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wesley_

08/05/10 3:35 PM

#7749 RE: you_asked_for_it #7740

.21 going, chart looks ready for a nice leg up...